Source: digitalinformationworld.com As soon as hackers take down your account, you normally get to see suspicious posts that might revolve around deals on products or stuff that you would never like buying online. But how about a situation where hackers plan to infiltrate the account of Facebook’s biggest data partners? Yes, we are going to Read More
Tag: Big data
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Source: nypost.com Even though big data has taken over the world, it turns out there’s a massive problem afoot in the industry: most data collected by businesses isn’t being analyzed. New research found that the issue may be caused by a skills gap and could be costing companies billions of dollars. Yikes. Most companies understand what big Read More
Source: itweb.co.za Research shows that insurance executives are recognising the opportunities associated with big data. Of course, they are no stranger to the importance of data analysis, given how the industry is built around understanding market requirements and developing solutions accordingly. With the help of technological advances, says Kelly Preston, data analytics manager at SilverBridge, it Read More
Source: unite.ai An AI-driven health monitoring and disease detection platform was able to catch the signs of the Wuhan viral outbreak approximately a week before government agencies warned the public, providing a look at how AI can be used to catch disease outbreaks in a timely fashion. While the official World Health Organization notification of Read More
Source: insidebigdata.com It is no secret that utilizing newer technology like big data and analytics can shake up and revolutionize nearly any industry. The real estate industry is no exception here, and has, in fact, already begun reaping the rewards that big data and data-driven technologies can provide. The huge amounts of data generated by Read More
Source: infosecurity-magazine.com The benefits of industry 4.0 have been well reported and the world of work has been revolutionized. Almost every organization operating today actively utilizes, or relies on, technologies that are becoming increasingly advanced. Both industry and society have adopted a data-driven culture in which information drives intelligent decision making and previously unheard-of efficiencies. Read More
Source: oilandgasmiddleeast.com Oil and gas assets are increasingly fitted with a multitude of Internet of Things (IoT) sensors, causing exponential growth in data. This, in turn, is increasing the need for adoption of data management solutions for improved operational visibility. This approach also helps identify bottlenecks in operations and uncover patterns and relationships across diverse Read More
Source: europeanpharmaceuticalreview.com In a new report, the joint big data task force of the European Medicines Agency (EMA) and the Heads of Medicines Agency (HMA) have proposed ten priority actions for the European medicines regulatory network to evolve its approach to data use and evidence generation, in order to make the best use of big data to support Read More
Source: computerweekly.com Russian telco Rostelecom and state-run banking and financial group VTB are launching a big data platform and will offer it as a service to other organisations. The two companies signed an agreement in November, and the initial investment in the project was set at RUB1bn ($15.7m), split equally. “The new platform will facilitate Read More
Source: thehindu.com India is set to enter the hotly pursued domain of quantum technologies in a big way with a new National Mission on Quantum Technologies, according to a senior official of the Department of Science and Technology. This area is significant to satellites, military and cyber security among others as it promises unimaginably fast Read More
Source: analyticsinsight.net As almost all forms of digital gaming have online elements to them, be it the game being hosted on online servers or customers connecting to the internet via their consoles for head-to-head battles and DLC purchasing, video game industry companies can stack up heaps of data every single day. This includes statistics on Read More
Source: exclusive.multibriefs.com There’s no doubt that we’re living in the age of big data. The numbers tell the story: 2.5 quintillion bytes of data are created each day. 90% of all data in the world was created in the last two years. 50 billion connected devices and sensors are expected by 2020. 82% of executives Read More
Source: forbes.com I have written on several occasions about Netflix’s use of data analysis and how this strategy has given it a clear advantage over traditional approaches based on studio executives’ “gut feeling”. We now have tangible evidence of the success of this strategy: in December Netflix dominated the Golden Globes nominations, and at the Read More
Source: seedworld.com With global food demand set to double by the year 2050, it is important for farmers and agriculture professionals to have good data in order to improve productivity and feed a growing world population. That is part of the reason why the Ivy College of Business and the Seed Science Center are teaming Read More
Source: analyticsinsight.net The explosion of Big data has resulted in many new opportunities for the organizations leading to a rapidly increasing demand for consumption at various levels. The big data applications are generating an enormous amount of data every day and creating scope for analysis of these datasets leading to better and smarter decisions. These Read More
Source: practicalecommerce.com As ecommerce grows, so does the data that is stored and used. Only a fraction of that data is utilized, however. But that will likely change, as data scientists are getting better at merging, standardizing, and analyzing. All of this will impact ecommerce merchants. What follows are my data predictions for 2020. Impact Read More
Source: investmentexecutive.com Financial regulators are increasingly turning to data, analytics and technology to enhance their ability to oversee markets. The U.K.’s Financial Conduct Authority (FCA) unveiled a plan on Tuesday to become a “highly data-driven” regulator by making greater use of advanced analytics and automation. The FCA said that it intends to lean more heavily Read More
Source: The incredible exponential growth in the volume of research data shows no signs of slowing down. Take the databases used by the European Bioinformatics Institute, headquartered in Cambridge, which continue to double in size every one to two years. And, thanks to powerful digital processors, advances in materials science and innovations around data transfer, Read More
Source: dbta.com From data lakes and the cloud, to machine learning and artificial intelligence, the world of big data and analytics continues to evolve. At the same time, the need for improved governance and security practices is also intensifying as data privacy concerns and new regulations like GDPR and CCPA require new approaches for responsible Read More
Source: When the topic of big data comes up, there is an apropos and often repeated quote from the classics of English literature, “Water, water everywhere, but not a drop to drink.” It is from Samuel Taylor Coleridge in his poem The Rime of the Ancient Mariner, a poem about stranded seamen who, despite being Read More
Source: cpomagazine.com Data growth has taken the tech industry by storm – and there’s no sign of stopping it. The ubiquitousness of connected devices, applications, and social media platforms has ingrained itself into the lives of billions, accelerating the accumulation of Big Data at a breakneck pace. By 2020, it’s predicted that 1.7MB of data Read More
Source: theweek.com Fly into Britain’s Manchester Airport these days and you might spot a new landmark amid the urban sprawl on the ground below. Two huge white cylinders stand sentinel: the only outward sign of a massive biomedical project that promises a revolution in science and health care. And like all revolutions, this one is Read More
Source: techrepublic.com In 2019, enterprise demands rose for real-time and near real-time analytics, and data continued to expand its role in everyday business operations and decision-making. Enterprises will continue to build on these trends in 2020, and that will drive analytics vendors to add new capabilities and expand their offerings. Here are eight key trends Read More
Source: businessamlive.com The idea of data generating business value is not new. However, the effective use of data is becoming the foundation of competition. Business has always wanted to develop insights from information in order to make better, smarter, real-time, fact-based decisions. It is this demand for profundity of knowledge that has powered the growth of Read More
Source: expresscomputer.in Just like the famous Gold Rush of 1849, nowadays businesses are dipping their toe in the data mine, in order to seek some value out of it. This huge chunk of data is forcing the fintech and the banking industry to unleash the power of the hidden gems that data analytics can deliver. Read More
Source: thesuburban.com Oil and gas pipelines have become polarizing issues in Canada, but supporters and detractors alike can agree that the safer they are, the better. With news emerging last month that the Keystone pipeline leak in North Dakota may have affected almost 10 times the amount of land previously reported, the issue of pipeline Read More
Source: analyticsinsight.net We’ve heard a ton about big data in the previous year, alongside organizations’ quests to harness it. Maybe the greatest big data mine is the field of sports: In-game insights heap up in stacks of information; fans clatter for the top to bottom, real-time analysis; and a player’s physical movements offer another look Read More
Source: customerthink.com Before we get to the working of artificial intelligence with big data services, we will first go through the brief introduction of both of them and then understand how these are related. Big Data Big data, as the name suggests, is a massive amount of data to be stored, analyzed, and worked upon Read More
Source: tech.economictimes.indiatimes.com Multiples Alternate Asset Management has invested $20 million (about Rs 142 crore) in artificial intelligence and big data company Quantiphi, the first deep- tech investment by the Renuka Ramnath-led private equity firm. The investment, which has a small secondary component as well, is the first institutional funding round raised by the six-year-old Boston and Mumbai-based company, which offers Read More
Source: e3zine.com The biggest obstacle is the term big data itself. It’s reminiscent of mass data. However, all data in an ERP system and other databases are also mass data. Big data means quantities too big for traditional databases – too big in the absolute sense or relating to cost-effectiveness. Data structuring presents another obstacle. Read More